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Specific Human Capital and Skills in Indian Manufacturing: Observed Wage and Tenure Relationships from a Worker Survey

Author

Listed:
  • Jaivir Singh

    (Jawaharlal Nehru University)

  • Deb Kusum Das

    (University of Delhi)

  • Kumar Abhishek

    (Jawaharlal Nehru University)

Abstract

Successive Indian governments have attempted to increase the growth in employment alongside encouraging skill enhancement. Against this background, we empirically explore issues surrounding the investment in specific capital by workers. In particular, we try to discern the presence of specific human capital investment by investigating whether there is a link between tenure and wages and find that there is indeed such a link evident in India. This allows us to infer that it is valuable to have long-term relations between employers and their workers and therefore labour market institutions that support long-term employer–employee relationship need to be encouraged.

Suggested Citation

  • Jaivir Singh & Deb Kusum Das & Kumar Abhishek, 2022. "Specific Human Capital and Skills in Indian Manufacturing: Observed Wage and Tenure Relationships from a Worker Survey," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 65(4), pages 1007-1028, December.
    • Handle: RePEc:spr:ijlaec:v:65:y:2022:i:4:d:10.1007_s41027-022-00408-3
    DOI: 10.1007/s41027-022-00408-3
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    References listed on IDEAS

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    More about this item

    Keywords

    Specific human capital; Indian labour market policy; Skills; Wage and tenure relationship;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J83 - Labor and Demographic Economics - - Labor Standards - - - Workers' Rights
    • J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts

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